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Banker accused in $140 million Ponzi scheme bought a Patek Philippe watch, lavish trips, and racked up millions on his credit cards, SEC says
The Securities and Exchange Commission has accused Edwin Brant Frost IV and his private lending company First Liberty ...
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British Wine Ponzi Scheme Used Famed Napa Vintages in $99M Scam Exposed by LA Lawyer; Defendant Extradited to Brooklyn
UK citizen James Wellesley extradited to face charges in Bordeaux Cellars fraud that used Screaming Eagle and other Napa ...
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SEC: GA-based company and owner charged in Ponzi scheme
Since at least 2021, First Liberty operated as a Ponzi scheme by using new investor funds to make principal and interest ...
Real estate influencer ‘Flipping NJ’ indicted for $17M Ponzi scheme
A New Jersey real estate influencer was indicted Thursday on numerous charges for running an alleged Ponzi scheme to generate ...
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Enforcement Directorate Seizes Assets in Rs 48,000 Crore Ponzi Scheme Case
The Enforcement Directorate has attached assets worth over Rs 762 crore linked to PACL and its promoters under anti-money ...
Bernie Madoff of cows cost investors $100M in ‘Ghost Cattle’ Ponzi scheme: suit
Kentucky cattleman Brian McClain allegedly left more than 100 investors in the U.S. and Canada on the hook when he died ...
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New Podcast ‘Easy Money: The Charles Ponzi Story’ Examines The Man Who Created The Scam
His name is synonymous with massive fraud. Now, a new podcast. "Easy Money: The Charles Ponzi Story," delves into how and why ...
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Vedanta shares decline over 3% as Viceroy Research shorts parent's debt, says 'resembles a Ponzi scheme'
Shares of Anil Agarwal-owned mining conglomerate Vedanta Ltd fell over 3% on July 9 after short seller Viceroy Research ...